Saudi Arabia plans to increase its crude oil selling prices starting August 2021. The increase will be for Asian, Mediterranean, and North European countries, as well as the US.

Iran plans to sell discounted oil to the Asian market as a way to mitigate losses caused by US sanctions on the country.

Saudi Arabia reduces its Arab Light grade price for September-loading cargo to Asian markets by $1.30 a barrel, as Russia and Iraq gain momentum in the race to dominate oil exports to the Asian continent.

Qatar has set its May retroactive official selling price (OSP) for its Marine crude at $63.05 a barrel,